Squarespace, Inc.

SQSP

Market cap $6.47B

NEW YORK--(BUSINESS WIRE)--Second paragraph, fourth sentence should read: All shares that were validly tendered will be accepted for purchase on October 14, 2024 (Instead of All shares that were validly tendered will be accepted for purchase on October 15, 2024) The updated release reads: PERMIRA COMPLETES TENDER OFFER FOR OUTSTANDING SHARES OF SQUARESPACE Permira, the global investment firm, today announced the success of its funds' cash tender offer for all outstanding shares of common stock.

NEW YORK--(BUSINESS WIRE)--Permira, the global investment firm, today announced the success of its funds' cash tender offer for all outstanding shares of common stock of Squarespace, Inc. (NYSE: SQSP). The tender offer expired one minute after 11:59 p.m., New York City time, on October 11, 2024. As of expiration, 46,971,451 shares had been validly tendered and not withdrawn from the tender offer. The tendered shares together with the shares rolled over, or sold directly, by affiliates of Anthon.

NEW YORK , Sept. 24, 2024 /PRNewswire/ -- Squarespace (NYSE: SQSP), the design-driven platform helping entrepreneurs build brands and businesses online, today announced Refresh 2024 , its annual release of new products, features, and updates that empower entrepreneurs to unlock their creativity and take their business to the next level.

SAN DIEGO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP , a leading stockholder rights law firm, announced that it is investigating claims on behalf of Squarespace, Inc. (NYSE: SQSP) shareholders concerning potential breaches of fiduciary duties related to the proposed sale of the Company to private equity firm Permira.

Squarespace is becoming a private company, with its new owner offering a more generous deal. The website-building platform had announced plans to merge with private equity firm Permira in a $6.4 million deal.

Squarespace's stock climbed toward a three-year high in premarket trades Monday, after private-equity firm Permira raised its buyout bid for the online brand-building platform.

Private equity firm Permira will increase the offer price to take website-design software company Squarespace private to $46.50 per share in cash, valuing the deal at $7.2 billion, the companies said on Monday.

Stockholders to receive an increase of $2.50 per share over the previously announced transaction Purchase price reflects a 36% premium over the 90-day volume weighted average trading price of $34.09, on May 10, 2024, the last trading day prior to the announcement of the original transaction Amended transaction represents 'best and final' offer and provides enhanced, immediate and certain value to Squarespace stockholders Permira to commence tender offer for all of Squarespace's outstanding shares Amended terms unanimously approved by an independent special committee of Squarespace's Board of Directors NEW YORK , Sept. 9, 2024 /PRNewswire/ -- Squarespace, Inc. (NYSE: SQSP) and Permira today announced that they have agreed to amend their previously announced definitive agreement.

Proxy advisory firm Institutional Shareholder Services on Friday recommended Squarespace investors vote against a proposed take-private transaction by private equity company Permira later this month.

NEW YORK , Sept. 6, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.